Orissa Minerals (ORISSAMINE)
TurnaroundFairStock Score: 10/100 — RISKY
Score breakdown: P/E: 0/3 · ROCE: 0/2 · Growth: 2/2 · Dividend: 0/1
Key Financials
| Current Price | ₹4,883.1 |
| Market Cap | ₹2,929.86 Cr |
| P/E Ratio | 0 |
| ROCE | -38.52% |
| ROE | 23.23% |
| Dividend Yield | 0% |
| Profit Growth | 157.94% |
| Debt/Equity | — |
| Sales Growth | 331.5% |
| Promoter Holding | 50.01% |
| 52-Week Range | ₹3,037.95 — ₹5,544 |
| Sector | Minerals & Mining |
| Book Value | ₹-91.08 |
AI Analysis
AI-generated, general educational analysis — not personal investment advice.
The first thing I look for is a business I can understand and a balance sheet I can trust. Orissa Minerals fails the second test immediately: book value is negative, minus ₹85.45 per share. That means cumulative losses have wiped out equity. In Graham's language, a negative net worth is a warning sign, no matter how bright the commodity story looks. The market capitalization is ₹2,475 Cr, but the latest quarter's sales are just ₹21 Cr; annualise that and the market is paying roughly 30 times revenue and over 150 times earnings. P/E is shown as zero because trailing earnings are meaningless, and ROCE is -38.52%. That is not a franchise; it is a company still trying to earn its cost of capital. ROE of 23.23% looks nice, but with negative equity it is a mathematical illusion. Profit growth of 157.94% sounds exciting, but with sales growth almost nil, this is a low-base recovery, not compounding. The promoter holding is 50.01%, which gives some alignment, and the latest quarter did show a positive net profit of ₹4 Cr on ₹21 Cr of sales, so there is a pulse. But a 19% net margin on tiny revenue cannot justify a ₹2,475 Cr valuation. There is no dividend to compensate, and the Piotroski score of 5/9 suggests only average fundamental health. This stock is for traders who thrive on price swings between ₹3,100 and ₹6,138, not for investors. As Buffett says, it is far better to buy a wonderful company at a fair price than a weak company at any price. At this price, Orissa Minerals is a speculation, not an investment. I would keep it on the watchlist, but my wallet stays closed.
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Data from BSE/NSE filings. AI analysis is for educational purposes only — not investment advice. Scoring methodology · Disclaimer